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Well, X Is Worth a Whole Lot Less Than It Used to Be

Elon Musk paid $44B for the company formerly known as Twitter, which says it's now worth $19B

(Newser) - Elon Musk paid $44 billion to purchase Twitter a year ago. It's now valuing itself at about $19 billion, a 55% decrease from the amount he paid, according to stock grants handed out to employees Monday and shown to the New York Times . Musk has long said he overpaid....

X Usage Dives After Musk&#39;s First Year
X Users, Ads
Plunge Under Musk
Oct 26, 2023 6:10 PM CDT

X Users, Ads Plunge Under Musk

The new owner's personal posts are among the few bright spots

(Newser) - With a few exceptions—among them, traffic to Elon Musk's posts—the metrics on the first year of the rebranded Twitter under its new ownership are bad. That's true for the data on users and advertisers, reports Axios . The results indicate that Musk's plan to turn X...

Musk: X Is Implementing 'Not a Bot' Fee

CEO of former Twitter says new users in 2 nations are being charged $1 to tweet, retweet, like posts

(Newser) - If you've been fearing the day would come when X, the platform formerly known as Twitter, would start to charge regular non-blue-check people for the privilege of posting, that day has come, for some. Fortune reports that the social media site began hitting new users only—and just those...

For NPR, Quitting Twitter Had Next to No Effect on Traffic

Web traffic dropped just 1% after April departure

(Newser) - NPR left Twitter back in April—when it was still called Twitter instead of X—and the media organization says its "Twexit" has only had a minimal effect on traffic to its website. According to a memo to staff seen by Neiman Reports , traffic fell by just 1% after...

News Headlines Are Disappearing on X

It's part of an effort to keep users scrolling, rather than clicking away

(Newser) - News outlets have another reason to dislike X . Headlines on news stories shared on the platform formerly known as Twitter are disappearing as part of owner Elon Musk's push to keep users from visiting external sites. Previously, when a link to a news article was shared, the lead image...

SCOTUS to Hear Case on GOP-Backed Social Media Laws

Legislation enacted in Texas, Florida aim to prevent social media sites from censoring users

(Newser) - The Supreme Court agreed Friday to decide whether state laws that seek to regulate Facebook, TikTok, X (formerly known as Twitter), and other social media platforms violate the Constitution. The justices will review laws enacted by Republican-dominated legislatures and signed by Republican governors in Florida and Texas. While the details...

As Elections Approach, Musk's X Makes a 'Concerning' Move

Social media platform decides to nix feature that allows users to report political misinformation

(Newser) - Ahead of a big vote in Australia, not to mention the 2024 election in the US, the X social media site formerly known as Twitter is making a move that has some scratching their heads. Reuters reports the platform has disabled a feature that allows users to report election misinformation,...

X Is Ditching 'Perfectly Functional, Popular' Feature

Circles is being discontinued as of Oct. 31

(Newser) - Another big change at the site formerly known as Twitter: X says it is shutting down the Circles feature as of Oct. 31. The feature, introduced last year before Elon Musk bought the platform, allowed users to share posts with selected people instead of all their followers, the Verge reports....

Eric Trump Pokes at Brother After X Account Is Hacked

Fake post in Donald Trump Jr.'s X feed announced dad's 'death'

(Newser) - Donald Trump Jr.'s X account was hacked on Wednesday morning, leading to a series of fake and crude posts that were live for less than an hour before being deleted. Among them, per the Hill :
  • "I'm sad to announce, my father Donald Trump has passed away.
...

Musk Plans to Bring In 'Small Monthly Payment' for X

He says charge will defeat 'vast armies of bots'

(Newser) - X, the site that was formerly Twitter, may soon also be known as a site that was formerly free. CEO Elon Musk said Monday that the company is "moving to a small monthly payment for use of the X system," TechCrunch reports. He said it was the only...

SpaceX Loaned Elon Musk $1B Around the Time He Bought Twitter

Though it's not clear what the loan was for

(Newser) - In October, the same month Elon Musk was acquiring Twitter, he took out what the Wall Street Journal describes as an "unusual" $1 billion loan from SpaceX. The following month, he paid it back in full, plus interest. It's not clear what the loan was for, and Musk...

Elon Musk: Anti-Defamation League Cost X $22B

He says the site formerly known as Twitter might sue the ADL

(Newser) - In an apparently unprompted tweet Monday, Elon Musk blamed the Anti-Defamation League for costing X, the social networking site formerly known as Twitter, $22 billion. One of the tweets , all of which came "seemingly out of the blue" according to NBC News , read, "To clear our platform's...

Trump Tweets for First Time in 2.5 Years

He returns to the site now known as X to post his mugshot

(Newser) - Former President Trump has returned to X, the social media site formerly known as Twitter, firing off his first message in 2 1/2 years shortly after he surrendered at an Atlanta jail on charges he conspired to overturn his election loss, the AP reports. He posted a photo of his...

Twitter Auction Includes Bird Still on Building

Buyer is responsible for finding somebody to take it down

(Newser) - While it won't do much to turn its financial situation around, the company formerly known as Twitter is selling off more memorabilia from its offices—including plenty of items with the bird logo. The online auction , titled Twitter Rebranding, will run from Sept. 12 to Sept. 14, and while...

Twitter Gave Special Counsel Data on Trump's Account

Company was fined $350K for delay in complying with warrant, court records state

(Newser) - Special counsel Jack Smith's team obtained a search warrant in January for records related to former President Donald Trump's Twitter account, and Twitter complied after some initial resistance, according to court documents released Wednesday. The details were included in a decision from the federal appeals court in Washington...

Musk: X Will Pay Legal Tab for People Fired Over Posts

CEO promises to go after employers' boards of directors, too

(Newser) - Elon Musk has told X users that if they're fired over something they did on his site, the billionaire has their back—and he's not just talking about moral support. The CEO of what used to be called Twitter tweeted late Saturday night that he'll pick up...

Musk Calls Lawsuit From News Agency 'Bizarre'

AFP says social media site isn't complying with French law on paying news producers

(Newser) - French news agency Agence France-Presse is taking legal action against the social media site formerly known as Twitter, saying X has failed to enter negotiations over potential payment for sharing of AFP content. The lawsuit filed in Paris on Wednesday seeks to compel X to hand over information that would...

Musk Threatens to Sue Online Hate Research Center

Center for Countering Digital Hate says Twitter owner is trying to silence nonprofit

(Newser) - The Center for Countering Digital Hate says Elon Musk is trying to silence it with threats of a lawsuit. The nonprofit, whose researchers said hate speech on Twitter increased after Musk's takeover of the company, says it recently received a letter from Twitter's parent company accusing it of...

San Francisco Raises Eyebrow at Musk&#39;s Giant New &#39;X&#39;
'X' No Longer Marks Musk's HQ
updated
Jul 31, 2023 4:53 PM CDT

'X' No Longer Marks Musk's HQ

Crews remove huge sign on San Francisco building after complaints

(Newser) - After sparking complaints about the safety of the structure and its blinding illumination, the giant "X" sign atop the downtown San Francisco building housing headquarters for the company formerly known as Twitter has been removed. The huge, flashing, unpermitted marker lasted three days. City officials said they received 24...

Kanye West Suspended From Twitter Again
Kanye West's
Twitter Suspension Is Over
UPDATED
Jul 30, 2023 8:45 AM CDT

Kanye West's Twitter Suspension Is Over

The rapper has yet to post anything new though

(Newser) - Nearly eight months after last being banned from Twitter-now-X, Kanye West's account is back. The BBC reports the rapper's account still shows a most recent post of Dec. 1, 2022. Ye was suspended the following day after a series of tweets including one depicting a Star of David...

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